Funding you earn now, next payment 06:00 UTC−0.2577%/8h= −282.1% APRpaid last 24h −0.421%
Price spread now: BingX against Kraken Futures−0.371%53s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.164%−$16 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$77 a day on $10k at the current rate, and BingX is 0.371% cheaper against Kraken Futures than usual: you would sell low and buy high (−$37 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.164% in total (about -8.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_STGUSD | 0.1207 | 0.3991 | pay 0.0499% / 1h | 48m 27s | $9K | $8K | 10x |
| Short | BingX STG-USDT | 0.1203 | 0.1414 | get 0.0707% / 4h | 2h 48m | — | $1.2M | — |
Kraken Futures PF_STGUSD
BingX STG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$541.08
- Price spread: −0.371% → 0.000%
- −$37.11
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$598.19
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 2 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 2 min ago | 8.31 bp | 16.5 bp −$17 | 76.9 bp −$769 | 295.3 bp −$29.5K | 316.8 bp −$158.4K |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
STG on 10 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1202 | −0.454% | $745K | $211K | 30x | as long as short |
| Gate STG_USDT | +0.0508% | 4h | 0.1203 | −0.371% | $108K | $149K | 25x | as long as short |
| Binance STGUSDT | +0.0856% | 4h | 0.1203 | −0.344% | $2.6M | $5.4M | 20x | as long as short |
| Bitget STGUSDT | +0.0998% | 4h | 0.1204 | −0.288% | $437K | $1.7M | 50x | as long as short |
| Variational Omni STG | +0.1264% | 8h | 0.1206 | −0.086% | $32K | $67K | — | as long as short |
| BingX STG-USDTshort | +0.1414% | 4h | 0.1203 | −0.371% | — | $1.2M | — | |
| Aster STGUSDT | +0.1512% | 4h | 0.1203 | −0.395% | $14K | $46K | 5x | as long as short |
| Bybit STGUSDT | +0.1565% | 8h | 0.1203 | −0.371% | $1.1M | $2.4M | 25x | as long as short |
| MEXC STG_USDT | +0.1567% | 8h | 0.1201 | −0.537% | $264K | $84K | 20x | as long as short |
| Kraken Futures PF_STGUSDlong | +0.3991% | 1h | 0.1207 | long leg | $9K | $8K | 10x |
KuCoin STGUSDTM
Gate STG_USDT
Binance STGUSDT
Bitget STGUSDT
Variational Omni STG
Aster STGUSDT
Bybit STGUSDT
MEXC STG_USDT